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242 NW 12th Ave

$1,200,000

242 NW 12th Ave, Miami, FL 33128

Active
Last Updated: 09/18/2025

2,393 sqft

Building Size

3

Units

Details:
Building Size:    2,393 sqft
Units:    3
Year Built:    1925
Floors:    2
Parking Spots:    8
Highlights:
  • Lot Features: Central Business District, City Location, Corner Lot, Near Airport
  • Building Features: Airport Access, Automobile Traffic, Heavy Traffic
  • Number Of Buildings: 1
  • Cooling: Central Building A/C
  • Heating: Central Electric, Central Building A/C
  • Flooring: Carpet, Tile
  • Construction Materials: Concrete Block Construction
  • Parking Features: Common, Free Parking, On Street
  • Security Features: Security Fence
  • Ownership: Corporation
Description:

Owner finance is possible with 50% down. Located in Little Havana with steady growth of population requiring high demand for multifamily units and very little vacancy rate. The T6-8-O Zoning makes of this property a development opportunity for a building of 8 + stories high. Currently a two story free standing building being used as office space. However, it has the potential for 2 large 2 bedrooms/1 bath apartments on first floor. and 1 efficiency. The second floor has a very large 2 bedrooms /2 bathrooms apartment. Located on 12 Ave and 2 block from Flagler, Near Marlins stadium, 836 expressway, Jackson and UM medical center, Downtown Miami and Brickell.
DO'NT DISTURBE TENANT..

Map:
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